Kevin Collins
REI Nation Experience
31 December 2024 | 32 replies
When it comes to turnkey investments you are paying for convenience essentially you are approaching it like a stock or paper asset when it is very much not... meaning that at some point it needs to be actively managed and evaluated and etc., etc., etc. for example finding cash flowing investment properties which meet your ROI goal of 9% is NOT HARD heck almost every state (and likely every state) has a market which will achieve that but what does 9% mean without a dollar value if 9% is = to $200 or more okay that’s okay but if 9% means $25/mo. or alternatively if 50% ROI means $25/mo. doesn’t really matter much since although labor differs from area to area it doesn’t differ that much and also doesn’t really leave much room for error — so your minimum accepted ROI should also be couple within a minimum accepted $$ value (cash flow) and other minimums as well (i.e. min. equity, property types, property classes, etc.)Lastly as I mentioned achieving a 9% ROI is not hard and is achievable in every state; the HARDER part is to 1) achieve that AND 2) achieve 10-20% min.equity on the buy in or ARV AND 3) meeting your min. $ value AND 4) buying in a good/stable neighborhood/market AND 5) buying with some type of upside AND 6) etc. etc. etc. —- Again I’m not saying you have to do these things; it all depends what type of investor you are and what you are looking for however it is important to understand that if you shift the responsibility of either identifying the invest property or managing or any other aspect there WILL be a trade off — in this case the turnkey company has delivered on your goal of 8-9% ROI (projected... so TBC) and in return you have traded some of the other benefits of investing in RE for the convenience of not having to do much more than to look over the properties they have sent you and funding it from the comfort of your home, office, etc. ... again if this is the goal then you are on point but if the goal is to also partake in ALL of the other benefits of RE then you should understand that and not be surprised that it’s not a ‘stellar’ investment that checks all the boxes.
Vinay Kumar
Buying a house in Jersey city (in jersey city heights area)
15 December 2024 | 8 replies
I am Jon and moved to the Jersey City/Hoboken area two years ago. actively looking for investment opportunity now.
Daymian Mejia
House Hacking in NorthShore
16 December 2024 | 6 replies
I'm pretty active on here and IG (@HouseHackandHustle).
Elena Facchinei
Is this a good deal for me? PLEASE HELP
14 December 2024 | 6 replies
I suspect without money and active participation as LP, you cannot legally do what you suggest.Have you seen the underwriting?
Michael Wentzel
Selling portfolios of properties... use agents or loopnet or another strategy?
13 December 2024 | 9 replies
Here are some other strategies:Investor Networks: Share through local REI groups or investor meetups in Colorado and Ohio.Direct Outreach: Use mailing lists or email campaigns targeting known investors or real estate firms.Social Media: Post in real estate forums or Facebook groups for investors.Websites for Property ListingsRoofstock: Specializes in selling single-family rental properties to investors, offering built-in tools for analysis.BiggerPockets Marketplace: A hub for active real estate investors, perfect for promoting rental properties.Auction.com: If you’re open to auctioning properties, this platform reaches a broad investor audience.RealtyMogul: Offers connections to individual and institutional investors, especially for multifamily properties.MyHouseDeals: Focused on connecting with investors looking for fix-and-flip or rental properties.Zillow Rental Manager: While more general, it can still attract landlords looking to expand portfolios.Mashvisor: A great platform to market properties with detailed cash flow and rental projections.PropertyShark: Targets real estate professionals and investors with access to detailed property data.These can help you reach a broader audience and possibly sell faster.
Tyler Jahnke
Morris Invest Case Study 2.0
30 December 2024 | 819 replies
He attached a screen shot of the still active license.
Lee Ripma
Understanding Kansas City Neighborhoods and Zip Codes
25 December 2024 | 12 replies
In general, south of the river has more going on in terms of arts, culture, and weekend activities.
Otis Clayton
What is the best way to partner with someione to buy real estate?
24 December 2024 | 24 replies
My bookkeeping practice pays me active income, so my priority is equity.For debt loans, you will see 10-15% annualized, depending on your experience as an operator.
Gi'angelo Bautista
House Flipping Performance Coaching/Community?
11 December 2024 | 8 replies
Are they still active?
Melanie Baldridge
A quick mini guide on Bonus Depreciation
10 December 2024 | 1 reply
You materially participated in the activity for any 5 of the last 10 tax years.6.